NSE: BLUEDART | BSE: 526612

Expensive Performer

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6374.50 6.50 (0.10%)

32.82% Fall from 52W High

5,647 NSE+BSE Volume

NSE 17 Apr, 2025 1:22 PM (IST)

15,125.3

Market Cap

High in industry

0.6

Beta 1Year

Very Low volatility

Blue Dart Express Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BLUEDART, BSE:526612 Blue Dart Express Ltd.

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Blue Dart Express Ltd.

31 Jan 2025

6374.50

0.10%

In-line performance; focus on expanding surface infrastructure

Buy: Blue Dart Express Ltd.

Target

Motilal Oswal

Blue Dart Express (BDE)’s revenue grew 9% YoY to INR15.1b, in line with our estimate. The company handled 0.34m tons of cargo volumes (+12% YoY) in 3QFY25. The realization dipped 2% YoY to INR42.1/kg. It carried 96.6m shipments in 3Q.

Blue Dart Express Ltd. has lost -24.94% in the last 6 Months

Blue Dart Express Ltd.

10 Oct 2024

6374.50

0.10%

Price hikes to support margins

Buy: Blue Dart Express Ltd.

Target

Motilal Oswal

Blue Dart Express Ltd. (BDE) has announced price hikes ranging from 9% to 12%, effective Jan’25.

Blue Dart Express Ltd. is trading below its 100 day SMA of 6596.3

Blue Dart Express Ltd.

27 Aug 2024

6374.50

0.10%

Improved utilization of new aircraft to boost margins; capex underway in surface express

Buy: Blue Dart Express Ltd.

Motilal Oswal

After slow growth in FY24 and 1QFY25, demand is expected to pick up for the express logistics segment. Long-term growth is expected to be primarily driven by increasing urbanization, rising consumer demand.

Blue Dart Express Ltd. is trading below its 100 day SMA of 6596.3

Blue Dart Express Ltd.

24 Jul 2024

6374.50

0.10%

Subdued margins; upside capped

Hold: Blue Dart Express Ltd.

Target

ICICI Securities Limited

Blue Dart Express’ (BDE) Q1FY25 performance undershot our estimates. Key points: 1) EBITDA margin was down 35bps (202bps QoQ) at 15.4%; 2) tonnage growth of 10% YoY and shipments growth of 7.3% YoY.

Blue Dart Express Ltd. is trading above its 50 day SMA of 6137.5

Blue Dart Express Ltd.

23 Jul 2024

6374.50

0.10%

Capacity utilization of new aircraft to improve; outlook bright

Buy: Blue Dart Express Ltd.

Target

Motilal Oswal

Blue Dart Express’s (BDE) revenue grew 8% YoY to INR13.4b in 1QFY25 (in line). BDE handled 0.31m tons of cargo volume (+9.6% YoY).

Blue Dart Express Ltd. has lost -24.94% in the last 6 Months

Blue Dart Express Ltd.

03 May 2024

6374.50

0.10%

Capacity utilization picking up; outlook bright

Buy: Blue Dart Express Ltd.

Target

Motilal Oswal

Blue Dart Express’s (BDE) revenue grew 8.7% YoY to INR13.2b in 4QFY24 (in
line). BDE handled 0.29m tons of cargo volume (+8.7% YoY). The realization
remained flat YoY at INR 44.5/kg. It carried 91m shipments in 4Q.

Blue Dart Express Ltd. is trading below its 100 day SMA of 6596.3

Blue Dart Express Ltd.

03 May 2024

6374.50

0.10%

Strong quarter; margin sustainability a key monitorable

Sell: Blue Dart Express Ltd.

Emkay

BDE reported a strong quarter as consolidated sales grew 9% YoY and EBITDA
margins expanded 70bps YoY, on the back of higher utilization of new aircrafts
and general price increase undertaken in Q4

Blue Dart Express Ltd. has lost -24.94% in the last 6 Months

Blue Dart Express Ltd.

28 Oct 2023

6374.50

0.10%

Strong Q2 show; visible margin improvement

Hold: Blue Dart Express Ltd.

Recommendation Target

ICICI Securities Limited

Blue Dart Express’ (BDE) Q2FY24 EBITDA surpassed our estimates by 9.2%. Key points: 1) Number of shipments and tonnage rose ~13.6% YoY and 2.5% YoY, respectively; 2) EBITDA margin improved to 16.8% (Q2FY23: 15.4%)